1-Aug-2024
S&P Global Ranks Sands China in Top 1% for ESG Performance
PRNewswire (Thu, 1-Aug 8:33 AM ET)
Macau casino revenue rose 12% in July despite economic headwinds
Seeking Alpha News (Thu, 1-Aug 7:11 AM ET)
Bank of America Securities Reaffirms Their Hold Rating on Las Vegas Sands (LVS)
TipRanks (Mon, 29-Jul 9:36 AM ET)
Sands China Announces Winners of 'Entrepreneurship Recruitment Programme for Rua das Estalagens'
PRNewswire (Thu, 25-Jul 9:57 AM ET)
Las Vegas Sands Reports Second Quarter 2024 Results
PRNewswire (Wed, 24-Jul 4:05 PM ET)
2024 Sands Shopping Carnival Draws Record-Breaking 120,000 Visits
PRNewswire (Wed, 24-Jul 8:55 AM ET)
PRNewswire (Tue, 23-Jul 1:00 PM ET)
Sands to Release Second Quarter 2024 Financial Results
PRNewswire (Wed, 17-Jul 7:49 PM ET)
Sands Releases its 2023 Environmental, Social and Governance Report
PRNewswire (Tue, 9-Jul 1:00 PM ET)
PRNewswire (Thu, 27-Jun 1:00 PM ET)
Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Londoner Macao, Four Seasons Hotel Macao, and Parisian Macao, as well as the Marina Bay Sands resort in Singapore. We expect Sands to open a fourth tower in Singapore toward the end of 2028. Its Venetian and Palazzo Las Vegas assets in the US were sold to Apollo and VICI in 2022. With the sale of its Vegas assets, the company generates all its EBITDA from Asia, with its casino operations generating the majority of sales.
Las Vegas Sands Corp. trades on the NYSE stock market under the symbol LVS.
As of August 1, 2024, LVS stock price declined to $38.47 with 5,677,308 million shares trading.
LVS has a beta of 0.89, meaning it tends to be less sensitive to market movements. LVS has a correlation of 0.15 to the broad based SPY ETF.
LVS has a market cap of $28.66 billion. This is considered a Large Cap stock.
Last quarter Las Vegas Sands Corp. reported $3 billion in Revenue and $.55 earnings per share. This fell short of revenue expectation by $-39 million and missed earnings estimates by -$.01.
In the last 3 years, LVS stock traded as high as $65.58 and as low as $28.88.
The top ETF exchange traded funds that LVS belongs to (by Net Assets): VTI, VOO, VO, VUG, SPY.
LVS has underperformed the market in the last year with a price return of -34.3% while the SPY ETF gained +20.1%. LVS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -12.8% and -9.1%, respectively, while the SPY returned +8.5% and -2.5%, respectively.
LVS support price is $39.10 and resistance is $40.24 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LVS stock will trade within this expected range on the day.